HR1007
To Authorize The Introduction Of A Nonappropriation Bill To Provide Additional Funding For Counties Using Certain State Tax Revenues; And To Create The Equal Distribution County Turnback Fund.
Last Action (April 8, 2026): Read the first time, rules suspended, read the second time and referred to the Committee on HOUSE RULES
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AI-Generated Summary
HR 1007 authorizes the introduction of a bill to create the 'Equal Distribution County Turnback Fund' in Arkansas. The fund would receive the first $150 million of state tax revenue collected under Arkansas Code § 26-52-107 each fiscal year. Once the fund reaches this threshold, the Treasurer of State is directed to distribute $2 million to the treasurer of each county in the state. Counties are mandated to use 90% of these funds for infrastructure projects, such as roads, water, and sewer services, or for county equipment. The remaining 10% must be allocated to support fire departments, law enforcement agencies, or community projects. The bill also includes an emergency clause, citing financial struggles in counties due to rising costs, which would make the act effective on July 1, 2026.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries are Arkansas county governments, which would receive direct financial infusions for infrastructure, equipment, and public safety services. Consequently, residents of these counties stand to benefit from improved infrastructure, enhanced public safety resources, and supported community projects.
Who Might Suffer?
The primary entities negatively impacted are state government programs and services funded through the State Apportionment Fund. Because the bill diverts the first $150 million of specified state tax revenues to counties before the remainder is distributed through the Revenue Stabilization Law, state agencies and programs reliant on these general revenues may see a reduction in available funding.
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